Technology Minneapolis, MN Pop. 429,954

Product Manager Salary in Minneapolis, Minnesota

The median product manager salary in Minneapolis, MN is $130,680 per year, which is 8.0% above the national median and 8.0% above the Minnesota state average.

City Median
$130,680
vs State Avg
+$9,680
vs National
+$9,680
Cost of Living
105%

Product Manager Salary in Minneapolis by Experience

In Minneapolis, an entry-level product manager earns around $81,000, while experienced professionals earn up to $189,000 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$81,000
+$6,000 vs national
Mid Level (3-7 yrs)
$131,760
+$9,760 vs national
Senior Level (8+ yrs)
$189,000
+$14,000 vs national

Salary Percentiles in Minneapolis, MN

Percentile Minneapolis
10th Percentile $77,760
25th Percentile $102,600
Median (50th) $130,680
75th Percentile $167,400
90th Percentile $207,360

Product Manager Salary in Other Minnesota Cities

How to Become a Product Manager in Minneapolis

Education

Most product manager positions require a bachelor's degree. Minneapolis and the surrounding Minnesota area have institutions offering relevant programs.

Key Skills

Product StrategyAgile/ScrumData AnalysisStakeholder ManagementRoadmappingUser Research

Job Outlook

Nationally, product manager employment is projected to grow 10% over the next decade (faster than average). Demand in Minneapolis may vary based on local industry and population growth.